Recently, the platform experienced an hack of nearly $20million. But nonetheless, at present, we can see that the exchange is slowly rebuilding by taking baby steps.

Cryptopia Exchange is providing users access to cancel their orders ahead of the actual re-launch to avoid selling any coins below current price. According to Crypto-News Indiareports, the exchange has announced that it had reopened but only in read only mode. The exchange said,

The read-only site is now live. The holding balance from the 14th Jan is pre hack and we will be using these holdings as a baseline for calculating rebates moving forwards.

This feature has created a lot of buzz in social media, it seems that it was the much awaited feature by many crypto marketers. However, many traders and investors responded with a positive note.

Founder of ANON jake greenbaum, responded to the tweet stating that :

The amount of transparency and communication by your team is thoroughly impressive 🙌🙌.

Most thought it was an exit scam and you’ve manage to surprise us all.

Overall, this feature to cancel orders is necessary for the exchange to keep away the sale of any cryptocurrency below its current price. Users have also appreciated the platform for providing transparency after the recent hack in January.

What is your opinion on Cryptopia launching new options to cancel orders? Share your thoughts on our Twitter and Facebook pages.

Summary

Article Name

Cryptopia Exchange Now Allows Order Cancellation

Description

New Zealand-based cryptocurrency exchange, Cryptopia now allows its users to cancel orders. Stay tuned for more Cryptopia Exchange News.

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